The objective of this research is to identify the key factors that are boosting and restraining growth in this industry. In particular, it discusses the product areas, vertical segments and application regions which are creating new opportunities in this segment.
What are some of the key opportunities arising out of Industry 4.0 in the mechanical test sector? What are the strategies that these manufacturers can adopt to accelerate growth? Which countries are expected to adopt Industry 4.0 on a large scale, and what are the regional factors driving investments?
Analytical X-ray techniques are used for the analysis of materials, including structural and engineering components. This research examines the initiatives by manufacturers to improve equipment sensitivity. It also explores the key challenges, product innovations and technologies to fuel growth.
1. Time for change
2021 will (fingers crossed) go down in history as the year the world started to take climate change seriously. In April, the UK and Chinese governments announced ambitious goals of achieving carbon zero by 2050 and 2060 respectively. America plans to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030.
In the corporate world, high-tech businesses such as Microsoft, Apple and Novo Nordisk and service companies such as EY, Sky and KPMG have set their sights on achieving carbon zero by 2030. The more energy intensive industries including manufacturers (Cemex, Holcim and Tetrapak), oil and gas firms (BP, Shell and Total) and airline companies (BA, American Airlines and Japan Airlines) plan to reach this target by 2050.
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Frost Radar—Global Calibration and Repair Services Market, 2021
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